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A currency clause is a hedging instrument pegging the agreed amount to the exchange rate of a foreign currency and in agreements concluded with a credit institution, it means that the amount in kuna granted (loan) or received (deposit/savings) over the term of the agreement is corrected for changes in the value of the

A currency forward is a customized, written contract between two parties that sets a fixed foreign currency exchange rate for a transaction, set for a specified future date. Currency forward contracts are used to hedge foreign currency exchange risk.

Currency of the Contract means the currency in which the Contract Price is expressed.

A futures contract is a legally binding agreement to buy or sell a standardized asset at a predetermined price at a specified time in the future. Futures contracts are traded electronically on exchanges such as CME Group, which is the largest futures exchange in the United States.

What is a clause in a contract? It is a very specific provision in a legal agreement that relates to an important point of understanding between the parties engaged in the contract. A clause dictates certain conditions under which the parties agree to act during the term of the contract.

Currency futures are futures contracts for currencies that specify the price of exchanging one currency for another at a future date. The rate for currency futures contracts is derived from spot rates of the currency pair. Currency futures are used to hedge the risk of receiving payments in a foreign currency.

Definition: A futures contract is a contract between two parties where both parties agree to buy and sell a particular asset of specific quantity and at a predetermined price, at a specified date in future. Description: The payment and delivery of the asset is made on the future date termed as delivery date.